April '24 BOJ: "JPY Not a Significant Factor" → Imminent Yentervention Possible

Does Governor Ueda have knowledge of an imminent yentervention, thereby explaining BOJ's strangely relaxed stance on JPY getting crushed?

Apr 26, 2024

∙ Paid

(This is being written on the evening of Fri April 26 Japan time for context/reference - just in case JPY volatility has already exploded by the time you read this)

▷ MOF’s biggest fear and risk is a failed yentervention, as JPY would be truly destroyed, and this is what is keeping yentervention from taking place

▷ Why is BOJ/Ueda being so casually flippa…

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